TAMAN WIRA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 438K and a median price per square foot (PSF) of RM 115.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 438K, with most transactions falling within a stable range of RM 315K to RM 438K, and a typical market range of RM 368K to RM 438K.
Most transactions involved detached, with moderate diversity in property types available.
For price per square foot, the median is RM 115, with most transactions between RM 115 and RM 115. The usual range is RM 40.88 to RM 189.13, showing that most units are priced quite close to each other. With an IQR of RM 148.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
